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Posts Tagged ‘SPY’

***Closed*** SPY iron condor initiated on 20 Aug 2010

August 20th, 2010

20 Aug: Initiate Trade

SPY (Standard & Poors Dep Rec) Iron Condor initiated on 20 Aug 2010

Trade Type: Low Probability, High Reward Iron Condor

Trade Summary

20 Aug 2010

SPY at 107.15 (-0.74)
28 days to expiration

Action: Sell a new iron condor for Sep expiration.

Sell to open SPY Sep 111 Call
Buy to open SPY Sep 113 Call
Sell to open SPY Sep 104 Put
Buy to open SPY Sep 102 Put

For a net price of $0.99 to $1.01 credit or better. [All TOS autotrade participants were filled at $0.99 credit.]
Net margin required: $101 per entry

Past Trades ,

***Closed***SPY iron condor initiated on 26 July 2010

July 26th, 2010

18 Aug 2010: Close Trade

SPY (Standard & Poors Dep Rec) Iron Condor initiated on 26 Jul 2010

Trade Type: Low Probability, High Reward Iron Condor

Trade Summary

18 Aug 2010

SPY at 110.155 (+0.575)
2 days to expiration

Action: Close iron condor for Aug expiration.

Buy to close SPY Aug 114 Call
Sell to close SPY Aug 116 Call
Buy to close SPY Aug 107 Put
Sell to close SPY Aug 105 Put

For a net price of $0.10 debit or better.
Profit or Loss: +$85 per entry

Past Trades ,